… Real estate businesses or real estate agents sell houses, buildings, and land. OpportunisticOpportunistic actual estate investments are the most high risk/high reward investment alternatives, requiring main growth work. Opportunistic properties tend to need vital rehabilitation or are being constructed from the bottom up. Page 12 – Disadvantages of real estate investments are liquidity, energetic management, and threat.
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We have contributed to this theoretical understanding, which has implications for project administration of public sector initiatives. Our second theoretical contribution is based on our analysis of the interdependencies between the 4 themes of time, task, group and transition. Lundin and Söderholm advised that each one four themes were related, however that point was essentially the most central one, whereas Jacobsson et al. highlighted transition as probably the most central. Our findings certainly point out that transition has a central position to play. However, the preliminary goal of the innovation pilot projects – to initiate transition in terms of increasing productiveness, innovation and efficiency within the initiatives and within the O&M market – was, to a large extent, not achieved. Our findings counsel that the interdependencies with the other three themes strongly affect the chances of reaching transition.